Diana Shipping Inc Stock Market Value
| DSX Stock | USD 3.17 0.09 2.92% |
| Symbol | Diana |
Diana Shipping inc Price To Book Ratio
Is Diana Shipping's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diana Shipping. If investors know Diana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diana Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Dividend Share 0.525 | Earnings Share 0.42 | Revenue Per Share 2.617 | Quarterly Revenue Growth (0.21) |
The market value of Diana Shipping inc is measured differently than its book value, which is the value of Diana that is recorded on the company's balance sheet. Investors also form their own opinion of Diana Shipping's value that differs from its market value or its book value, called intrinsic value, which is Diana Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diana Shipping's market value can be influenced by many factors that don't directly affect Diana Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diana Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diana Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diana Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Diana Shipping 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Diana Shipping's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Diana Shipping.
| 04/14/2024 |
| 05/14/2024 |
If you would invest 0.00 in Diana Shipping on April 14, 2024 and sell it all today you would earn a total of 0.00 from holding Diana Shipping inc or generate 0.0% return on investment in Diana Shipping over 30 days. Diana Shipping is related to or competes with Star Bulk, Golden Ocean, Global Ship, Genco Shipping, Danaos, Globus Maritime, and TOP Ships. Diana Shipping Inc. provides shipping transportation services More
Diana Shipping Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Diana Shipping's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Diana Shipping inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.0587 | |||
| Maximum Drawdown | 6.09 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 2.11 |
Diana Shipping Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diana Shipping's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diana Shipping's standard deviation. In reality, there are many statistical measures that can use Diana Shipping historical prices to predict the future Diana Shipping's volatility.| Risk Adjusted Performance | 0.0756 | |||
| Jensen Alpha | 0.1098 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0558 | |||
| Treynor Ratio | 0.2484 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Diana Shipping's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Diana Shipping inc Backtested Returns
Diana Shipping appears to be somewhat reliable, given 3 months investment horizon. Diana Shipping inc secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Diana Shipping inc, which you can use to evaluate the volatility of the firm. Please utilize Diana Shipping's Downside Deviation of 1.49, mean deviation of 1.13, and Semi Deviation of 1.36 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Diana Shipping holds a performance score of 12. The firm shows a Beta (market volatility) of 0.61, which means possible diversification benefits within a given portfolio. As returns on the market increase, Diana Shipping's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diana Shipping is expected to be smaller as well. Please check Diana Shipping's value at risk, and the relationship between the information ratio and kurtosis , to make a quick decision on whether Diana Shipping's price patterns will revert.
Auto-correlation | 0.65 |
Good predictability
Diana Shipping inc has good predictability. Overlapping area represents the amount of predictability between Diana Shipping time series from 14th of April 2024 to 29th of April 2024 and 29th of April 2024 to 14th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Diana Shipping inc price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Diana Shipping price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Diana Shipping inc lagged returns against current returns
Autocorrelation, which is Diana Shipping stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Diana Shipping's stock expected returns. We can calculate the autocorrelation of Diana Shipping returns to help us make a trade decision. For example, suppose you find that Diana Shipping has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Diana Shipping regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Diana Shipping stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diana Shipping stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diana Shipping stock over time.
Current vs Lagged Prices |
| Timeline |
Diana Shipping Lagged Returns
When evaluating Diana Shipping's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diana Shipping stock have on its future price. Diana Shipping autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Diana Shipping autocorrelation shows the relationship between Diana Shipping stock current value and its past values and can show if there is a momentum factor associated with investing in Diana Shipping inc.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diana Shipping in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diana Shipping's short interest history, or implied volatility extrapolated from Diana Shipping options trading.
Pair Trading with Diana Shipping
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diana Shipping position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diana Shipping will appreciate offsetting losses from the drop in the long position's value.Moving together with Diana Stock
| 0.77 | SB | Safe Bulkers | PairCorr |
The ability to find closely correlated positions to Diana Shipping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diana Shipping when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Diana Shipping - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Diana Shipping inc to buy it.
The correlation of Diana Shipping is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diana Shipping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diana Shipping inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Diana Shipping can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Diana Shipping Correlation, Diana Shipping Volatility and Diana Shipping Alpha and Beta module to complement your research on Diana Shipping. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Diana Stock analysis
When running Diana Shipping's price analysis, check to measure Diana Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diana Shipping is operating at the current time. Most of Diana Shipping's value examination focuses on studying past and present price action to predict the probability of Diana Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diana Shipping's price. Additionally, you may evaluate how the addition of Diana Shipping to your portfolios can decrease your overall portfolio volatility.
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Diana Shipping technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.